First published on the NIDO Russia Telegram channel.
BMW and Volkswagen are suspending factories across Europe due to a shortage of parts imported from Ukraine, writes the Financial Times.
BMW AG plants are located in Germany, Malaysia, Thailand, South Africa, India, Egypt, USA and Russia.
According to Auto Analysis, Ukraine, in particular, accounted for about a fifth of the supply of electrical cables.
Recall that the European Union is set to approve banning the sale to Russia of cars worth over 50000 euros or luxury goods worth more than 300 euros ($329.58), as well as the purchase of many Russian steel and iron products as part of a fourth round of sanctions, according to a draft obtained by Bloomberg.
